Accountancy, asked by mohityada1234, 6 months ago

During the course of accounting equation, debit means

(a) Increase in asset

(b) Increase in liabilities

(c) Decrease in asset

(d) All of these

Answers

Answered by AnshuSinghS164

Explanation:

The meaning of debit and credit will change depending on the account type. Debit simply means left side; credit means right side. Remember the accounting equation? ASSETS = LIABILITIES + EQUITY The accounting equation must always be in balance and the rules of debit and credit enforce this balance

Answered by jasleen71

Answer:

a - increase in asset

Explanation:

because of the real nature

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